Nationwide Growth Fund Technical Analysis
| GCGRXDelisted Fund | USD 7.30 0.00 0.00% |
As of the 25th of April, Nationwide Growth secures the Risk Adjusted Performance of 0.1908, mean deviation of 0.4638, and Downside Deviation of 0.7538. Nationwide Growth Fund technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Nationwide Growth, which can be compared to its peers in the industry. Please verify Nationwide Growth variance and potential upside to decide if Nationwide Growth Fund is priced some-what accurately, providing market reflects its recent price of 7.3 per share.
Nationwide Growth Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nationwide, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NationwideNationwide |
Nationwide Growth technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Nationwide Growth Technical Analysis
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Nationwide Growth Trend Analysis
Use this graph to draw trend lines for Nationwide Growth Fund. You can use it to identify possible trend reversals for Nationwide Growth as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nationwide Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nationwide Growth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nationwide Growth Fund applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Nationwide Growth Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.31, which is the sum of squared deviations for the predicted Nationwide Growth price change compared to its average price change.About Nationwide Growth Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nationwide Growth Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nationwide Growth Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Nationwide Growth price pattern first instead of the macroeconomic environment surrounding Nationwide Growth. By analyzing Nationwide Growth's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nationwide Growth's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nationwide Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nationwide Growth April 25, 2024 Technical Indicators
Most technical analysis of Nationwide help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nationwide from various momentum indicators to cycle indicators. When you analyze Nationwide charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1908 | |||
| Market Risk Adjusted Performance | (2.85) | |||
| Mean Deviation | 0.4638 | |||
| Semi Deviation | 0.1812 | |||
| Downside Deviation | 0.7538 | |||
| Coefficient Of Variation | 327.64 | |||
| Standard Deviation | 0.645 | |||
| Variance | 0.416 | |||
| Information Ratio | 0.169 | |||
| Jensen Alpha | 0.192 | |||
| Total Risk Alpha | 0.1064 | |||
| Sortino Ratio | 0.1446 | |||
| Treynor Ratio | (2.86) | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 1.29 | |||
| Downside Variance | 0.5682 | |||
| Semi Variance | 0.0328 | |||
| Expected Short fall | (0.61) | |||
| Skewness | (0.03) | |||
| Kurtosis | 1.8 |
Nationwide Growth One Year Return
Based on the recorded statements, Nationwide Growth Fund has an One Year Return of 22.0086%. This is 12.92% higher than that of the Nationwide family and significantly higher than that of the Large Blend category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Nationwide Mutual Fund
If you are still planning to invest in Nationwide Growth check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nationwide Growth's history and understand the potential risks before investing.
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